David Teten

MARCH 14, 2018

But, we normally have a clear ceiling on how high we can grow AUM, before hitting practical limits to deploying capital within the traditional VC model. . My Partners at HOF Capital are younger than I am, which means that we have a half-century horizon for the franchise we are building. So we think about scaling a lot.

Private Equity 60

Private Equity Venture Capital Equity Cofounder 60

thebarefootvc

JULY 3, 2017

Over the past month, Silicon Valley has been at the forefront of many conversations outside of the technology world. Unfortunately not for groundbreaking technology, but for rampant sexual harassment and predatory behavior. They decide which VCs receive capital to invest in entrepreneurs.

LP 65

LP Technical Review Silicon Valley Limited Partner 65

David Teten

SEPTEMBER 23, 2017

Private equity and venture capital investors are copying our sisters in the hedge fund and mutual fund world: we’re trying to automate more of our job. According to Knowledge.VC , under 5% of US VCs have a full-time team member focused on technology. . Why is it now more feasible to use technology in the VC investing process?

Private Equity 60

Private Equity Venture Capital Equity Technical Review 60

Both Sides of the Table

DECEMBER 7, 2014

We were talking about raising money from LPs. He was lamenting how much he hated LP meetings and how little he wanted to interact with LPs going forward. As an insider I can tell you that a large portion of VCs don’t like interacting with LPs – they view it as a “necessary evil” of the business.

Software Review 341

Software Review Customer Technical Review LP 341

View from Seed

DECEMBER 4, 2019

If you aren’t familiar with these metrics, I recommend reading the original post to get a sense of the numbers that I’ll be reviewing here. One way to think about this is how quickly LPs expect to get their capital back from a VC commitment. LP Constraints. Most LPs are trying to manage some targeted asset allocation.

LP 256

LP IRR Distribution Portfolio 256

David Teten

MARCH 18, 2021

Public theses are often inconsistent with how firms actually deploy capital. A typical VC thesis: “we invest in tech startups in Europe at an early stage” However, our experience shows that in many cases: . “Tech” means B2B Saas/Fintech or Consumer apps. of venture capital deals.

Technical Review 78

Technical Review Cofounder Venture Capital Deal Flow 78

Both Sides of the Table

JULY 23, 2014

There has been much discussion in the past few years of the changing structure of the venture capital industry. The rise of alternative sources of capital (crowd funding and the like). But it still takes VC to scale a business (thus large capital into industry winners like Uber, Airbnb, SnapChat, etc). Why is this?

Technical Review 398

Technical Review Venture Capital Valuation Pre-Money Valuation 398

David Teten

APRIL 13, 2021

Empirically, few small emerging investment managers hire placement agents, particularly in venture capital. Greycroft’s results give you a sense of the complexity involved: The firm said it had 515 contacts with potential LPs; roughly 250 passed for various reasons and 100 were non-responsive. But can you?

Private Equity 60

Private Equity Technical Review Management LP 60

David Teten

DECEMBER 12, 2017

(written by Philipp von dem Knesebeck , Managing Partner, Blue Future Partners (bluefp.com, @bluefutureteam ), and David Teten ). VCs are at the forefront of technological disruption, funding many of the latest cutting edge productivity tools. I’d expect a similar shift in venture over the next decade or two.”.

Early Stage 60

Early Stage Technical Review Software Review Venture Capital 60

David Teten

JANUARY 19, 2021

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. Every Flexible VC structure allows founders to access immediate risk capital while preserving exit, growth trajectory, and ownership optionality. . Our categorization is not a technical one. Collab Capital, Earnest Capital, TinySeed.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Both Sides of the Table

JULY 16, 2010

The VC industry grew dramatically as a result of the Internet bubble - Before the Internet bubble the people who invested in VC funds (called LPs or Limited Partners) put about $50 billion into the industry and by 2001 this had grown precipitously to around $250 billion. Partners leave the industry. VC will shrink.

LP 311

LP Technical Review Early Stage Silicon Valley 311

This is going to be BIG.

OCTOBER 5, 2012

Unlike a venture capital firm that states its criteria on its website and has forms, e-mail addresses, etc to encourage outreach, your site does a lot better job of saying "Go away!". The interesting thing is that being connected to wealth isn't necessarily a driver of good venture capital performance--why would it be?

LP 97

LP Venture Capital Technical Review Nebraska 97

Both Sides of the Table

SEPTEMBER 22, 2012

Growth will slow, partly due to internal limits and partly because the company is starting to bump up against the limits of the markets it serves.” He also nails the reason why venture capital is still necessary to grow large businesses quickly in a world where the costs of running startups have fallen dramatically.

Silicon Valley 390

Silicon Valley Venture Capital Startup Technical Review 390

VC Cafe

APRIL 29, 2020

The $349 billion aid package issued by the US Government and distributed in the form of SBA loans was quickly gobbled up by a large number of applications, many of which were from venture-backed or PE-backed startups. billion (approximately $340 million) stimulus package to support the country’s struggling tech sector.

SBA 124

SBA Technical Review Startup 124

Haystack

JULY 20, 2018

Fred and his partners Albert, John, Andy, before Brad, now Rebecca have operated headquartered out of New York City, and have invested successfully near home (Esty, MongoDB, Kickstarter), in the Bay Area (Twitter, Coinbase) and in Europe (SoundCloud).

San Francisco 116

San Francisco Silicon Valley Seattle Venture Capital 116

Both Sides of the Table

OCTOBER 12, 2014

Prorata rights are one of the most important rights of a private market technology investors and yet are seldom fully understood. Also, because the entire industry has changed because it is cheaper to start a tech company these days – there are simply way more angel rounds. Why prorata rights are becoming a bigger deal to angels.

Technical Review 336

Technical Review Later Stage Early Stage LP 336

Both Sides of the Table

SEPTEMBER 29, 2013

If you track the venture capital industry it would be hard to miss the conversation going on this week over AngelList “Syndicates.” I had a chance to discuss AngelList Syndicates with Naval at Michael Kim’s Cendana LP/VC conference on a panel with Naval, Roger Ehrenberg (IA Ventures) and Mike Brown, Jr.

Syndicate 356

Syndicate Syndication Cofounder Early Stage 356

Both Sides of the Table

FEBRUARY 3, 2015

We had just gotten over the dot com crash and return to normalcy where nobody seemed to give a s**t about tech companies any more. I had no idea I’d eventually be boxed out of the SaaS branding by Jason (SaaStr) and the LA branding by my partner Greg Bettinelli with #LongLA ! I thought about the fact that I was starting in LA?

LP 150

LP Technical Review Deal Flow 150

Both Sides of the Table

JANUARY 16, 2012

And I also now have to raise money myself, but this time from bigger institutions that our industry calls LPs (limited partners). Partners make investment decisions. I get approached about clean tech or biotech periodically – I don’t focus on these. I now observes the fund raising process as a profession.

Developer 366

Developer Silicon Valley PR Las Vegas 366

David Teten

JUNE 1, 2011

I enjoyed participating in last week’s Capital Roundtable Private Equity Masterclass on “ Best Practices for Sourcing Quality Deal Flow & Developing New Business ” (May 26 th , 2011). High Road Capital Partners Deal Sourcing Keynote. Fitzsimmons, High Road Capital Partners. Social media.

Private Equity 122

Private Equity Deal Flow Equity Developer 122

Austin Startup

JUNE 26, 2019

Yet, we were not successful in reaching our ultimate goal of raising what we needed in our time-frame to execute further on our venture. We tried, and opted out of, potentials for pivots; we pitched for game-changing partners and acquisitions that did not ultimately convert. So, we worked to raise capital. We pitched.

Silicon Valley 54

Silicon Valley Startup B2C Sweat Equity 54

abovethecrowd.com

APRIL 20, 2016

All Unicorn participants — founders, company employees, venture investors and their limited partners (LPs) — are seeing their fortunes put at risk from the very nature of the Unicorn phenomenon itself. In Q1 of 2016 there were zero VC-backed technology IPOs. Competition also has access to capital.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

Professor VC

NOVEMBER 19, 2009

I attended the annual LP meeting for a venture capital firm this week and got into a discussion about the above question. If you have a reputation for cutting corners, not treating employees or partners right, it will become very difficult to do business. How Much Diligence is Due. Venture News.

San Jose 43

San Jose Silicon Valley Las Vegas Venture Capital 43